You have 3 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Insurer Croatia Osiguranje boosts cons after-tax profit 6.3% y/y in H1

Author Annie Tsoneva
Insurer Croatia Osiguranje boosts cons after-tax profit 6.3% y/y in H1 License: Creative Commons CC0

ZAGREB (Croatia), July 27 (SeeNews) - Croatia's top insurer Croatia Osiguranje Group [ZSE:CROS, CROS2] said on Wednesday its consolidated after-tax profit after minority interests rose 6.3% on the year in the first half of 2022, reaching 221.7 million kuna ($30 million/29.5 million euro).

The overall gross written premiums increased 9.3% to 2.181 billion kuna, Croatia Osiguranje said in an unaudited statement filed to the Zagreb bourse.

Gross written premiums from non-life insurance went up 15.9% on the year to 1.937 billion kuna, whereas premiums from life insurance dropped 24.5% to 244.3 million kuna.

The insurer operates in Croatia, Bosnia, North Macedonia, Serbia and Slovenia.

Croatia Osiguranje's ordinary shares [ZSE:CROS] last traded on the ZSE on June 30, ending flat at 6,600 kuna.

The insurer's preference shares [ZSE:CROS2] last traded on April 1, closing unchanged at 7,100 kuna.

(1 euro = 7.516 Croatian kuna)

Croatia Osiguranje d.d. is among the biggest insurers in SEE, for more reference take a look at Top 100 insurers
 
Compare